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SpaceX to buy Cursor for $60B

reuters.com

811–820 of 1001 posts

Re: SpaceX to buy Cursor for $60B

#811

I don't know what's more bizarre, either it's SpaceX buying what is essentially a clone of VSCode with AI tools on top, or a VSCode fork being valued billions of dollars.

The value of code is approaching zero. SpaceX is buying training data and customer relationships.

Re: SpaceX to buy Cursor for $60B

#812

> "In its IPO filing, the company had said Cursor's access to developers' data, including coding requests and design decisions, could help improve its AI models such as Grok." They're all stealing your IP and selling it back to your competitors in the form of tokens.

Yes, that is in fact how models get better at coding. Such a ridiculous stance: "I want LLMs to code for me, but I want them to be trained on other people's code, not mine, duh".

Ok, now that you mentioned it, I actually want that.

Re: SpaceX to buy Cursor for $60B

#813
post #102

Is anyone on HN still actually using Cursor in 2026? Everyone I've spoken with is now using either Claude Code or Codex (or Copilot because their companies force them to).

> Is anyone on HN still actually using Cursor in 2026?

Most people on HN wouldn't be satisfied using anything. Therefore, probably no

Re: SpaceX to buy Cursor for $60B

#814

A space company is buying an IDE for roughly the cost to build 150 of world's most expensive modern hospitals [1]. How is this in SpaceX's interest? Isn't it kinda bizarre that Elon is pivoting SpaceX to something else? 1. https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisiti...

Since Cursor is kind of a Select-Your-Model front end for various AI coding systems, how much of it could be to just make sure Grok gets to the top or default choice of that Select-Your-Model list?

Re: SpaceX to buy Cursor for $60B

#816

A space company is buying an IDE for roughly the cost to build 150 of world's most expensive modern hospitals [1]. How is this in SpaceX's interest? Isn't it kinda bizarre that Elon is pivoting SpaceX to something else? 1. https://www.cnbc.com/2026/06/16/spacex-spcx-cursor-acquisiti...

>One of the things that makes @SpaceX so valuable is how valuable it is. The Cursor acquisition costs materially less in dilution because of SpaceX’s high valuation. https://x.com/BillAckman/status/2066866144154161555?s=20

[deleted]

Re: SpaceX to buy Cursor for $60B

#818

Earlier quoted context omitted.

It’s all in a stock that may very well be near its zenith when this closes (or maybe not. This is so far past fundamentals it’s impossible to tell). They’re spending Monopoly money. It also seems like SpaceX is poised to Hoover up all of Elons companies so it’s might not be “just a space company” for long.

Yep, bundle it all together, rename the whole company X (for added confusion), get a few final pay outs in the hundred of billions if not trillions and then Elon flees to Argentina as the whole house of cards crumbles.

Elon flees to Mars*

Re: SpaceX to buy Cursor for $60B

#819
post #25

>> SpaceX told investors during the IPO process that it sees an addressable market for AI products worth $26 trillion, roughly equivalent to U.S. GDP. I very much can imagine a future documentary in a few years. With the host asking the audience: "Where were the signs?"

AI hype is full of bad total addressable market hypotheses. There just isn't $26T of money to buy this stuff.

Patrick Mackenzie, at the time at Stripe, about 10 years ago, talked about how Stripe's growth depended on growing the actual internet. Not just growing their market share within it.

Google, Meta, etc, have projects dedicated to getting more people online, because when you have 2bn users, you kinda have to make more users.

Re: SpaceX to buy Cursor for $60B

#820
post #25

>> SpaceX told investors during the IPO process that it sees an addressable market for AI products worth $26 trillion, roughly equivalent to U.S. GDP. I very much can imagine a future documentary in a few years. With the host asking the audience: "Where were the signs?"

I know this is just nonsense wish thinking, but apparently the investors disagree and I have zero clue when they will also stop giving Musk their money.

"investors" really over-sells who these people are. They're people with gambling apps on their phones who think SpaceX is great because of Musk's politics.
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